Stock Technical indicators to notice in COUSINS PROP. (CPZ.F)
1- Last bearish trend was from 5.79 $ (4/17/2012) to 5.56 $ (4/23/2012) a 0.23 $ move 2- The current bullish trend started from 5.56 $ at 4/23/2012 and is currently trading at 5.82 $.
4- CPZ.F current resistance level is at 5.85 which is the 127.20 % fibonacci retracement of the last 0.23 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
COUSINS PROP. (CPZ.F) Short term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 5.560 and 5.370, and is currently supporting at 5.804.
COUSINS PROP. (CPZ.F) Mid term stock chart patterns for internet stock trading :
7- The Stock formed Double Bottom Pattern at 5.370 .
8- The Stock formed a 0.470 $ height triangle which was broken up at 5.810, target of the pattern is 6.280.
COUSINS PROP. (CPZ.F) Long term stock chart patterns for internet stock trading :
9- The Stock formed a 0.980 $ height triangle which was broken up at 4.900, target of the pattern is 5.880.
Stock Trading Conclusion:
COUSINS PROP. (CPZ.F) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .
Stock Resistance Levels : 5.85, 5.88, 5.93, 6.28.
Stock Support levels : 5.80, 5.79, 5.76, 5.76, 5.72, 5.70, 5.69, 5.68, 5.66, 5.65, 5.61, 5.56, 5.37,.
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